Electronic Manufacturing Services Market to reach around USD 689.15 bn by 2028 at CAGR of over 6.5%

Electronic Manufacturing Services Market to reach around USD 689.15 bn by 2028 at CAGR of over 6.5%
Some major players in the electronic manufacturing services market are Flextronics International, Creation Technologies, Jabil Circuit Inc, Integrated Microelectronics Inc, Celestica, Key Tronic EMS, Kimball Electronics Inc, Plexus Corp, Escatec, Sparton Corporation, Sanmina Corporation, Venture Corporation Limited, Foxconn, Wistron, Flex Ltd, and Benchmark Electronics.

Credence Research, Inc. has released its latest market report entitled “Global Electronic Manufacturing Services Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028“, which projects a Compound Annual Growth Rate (CAGR) of over 6.5% from 2022 to 2028. The report reveals that the global electronic manufacturing services market generated approximately USD 472.3 billion in revenue in 2021 and is expected to reach USD 689.15 billion by 2028.

Electronic Manufacturing Services (EMS) companies create, produce, distribute, test, and offer repair/return services for electronic components and assemblies for Original Equipment Manufacturers (OEMs). These companies provide OEMs with a range of value-added engineering and manufacturing outsourcing services, which allow them to improve operational efficiency and focus on core tasks such as research and development (R&D). EMS is also referred to as the “contract manufacturing” (CM) industry, and includes services such as electronic component and assembly return/repair services.

The report identifies the telecom & IT, consumer electronics, industrial, automotive, and aerospace & defense industries as the major drivers of the electronic manufacturing services market. Rising consumer demand for electronics and related services, as well as an increase in the number of electronic device servicing centers, are also expected to fuel market growth.

The market is categorized by services, end-user industry types, and geography. Based on services, the market is segmented into design, testing, manufacturing & production, and others. End-user industry types include telecom & IT, consumer electronics, industrial, automotive, aerospace & defense, and others. The market is geographically categorized into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Asia Pacific dominated the global electronic manufacturing services market in 2021, with major providers such as China, Japan, South Korea, and India serving consumer electronics, semiconductors, and telecommunication device manufacturers. The report notes that the widespread availability of low-cost labor and raw materials in the region is likely to favor electronics manufacturing services companies.

The report provides valuable insights and information for potential investors and stakeholders in the electronic manufacturing services market. It analyzes the market by segment, current trends, drivers, restraints, opportunities, challenges, and market dynamics from 2016 to 2020, with 2021 as the base year and 2022-2028 as the projected period. The report also includes competitive landscape information, such as how key players operate at the global, regional, and country levels. In-depth analysis of the global electronic manufacturing services market segmentation by services and end-user industry type, as well as comprehensive and authentic data for all factors, including CAGR, consumer purchasing trends, supply and demand, and major regional countries’ import/export statistics, are also provided.

Browse full report with List, Table and Figures: Electronic Manufacturing Services Market 

Table of Content:

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

 

2. Executive Summary

2.1. Market Snapshot: Global Electronic Manufacturing Services Market

2.2. Global Electronic Manufacturing Services Market, By Services

2.3. Global Electronic Manufacturing Services Market, By End-User Industry Type

2.4. Global Electronic Manufacturing Services Market, By Region

 

3. Market Dynamics & Factors Analysis

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4. Premium Insights

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5. Market Positioning of Key Players, 2021

5.1. Company market share of key players, 2021

5.2. Competitive Benchmarking

5.3. Market Positioning of Key Vendors

5.4. Geographical Presence Analysis

5.5. Major Strategies Adopted by Key Players

5.5.1. Key Strategies Analysis

5.5.2. Mergers and Acquisitions

5.5.3. Partnerships

5.5.4. Product Launch

5.5.5. Geographical Expansion

5.5.6. Others

 

6. COVID-19 Impact Analysis

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7. Global Electronic Manufacturing Services Market

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8. North America Electronic Manufacturing Services Market Analysis

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9. Europe Electronic Manufacturing Services Market Analysis

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10. Asia Pacific Electronic Manufacturing Services Market Analysis

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11. Latin America Electronic Manufacturing Services Market Analysis

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12. Middle East and Africa Electronic Manufacturing Services Market Analysis

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13. Company Profiles

13.1. Jabil Circuit Inc

13.1.1. Company Overview

13.1.2. Products/Services Portfolio

13.1.3. Geographical Presence

13.1.4. Financial Summary

13.1.4.1. Market Revenue and Net Profit (2019-2021)

13.1.4.2. Business Segment Revenue Analysis

13.1.4.3. Geographical Revenue Analysis

13.2. Flextronics International

13.3. Creation Technologies

13.4. Integrated Microelectronics Inc

13.5. Celestica

13.6. Key Tronic EMS

13.7. Kimball Electronics Inc

13.8. Plexus Corp

13.9. Escatec

13.10. Sparton Corporation

13.11. Sanmina Corporation

13.12. Venture Corporation Ltd

13.13. Foxconn

13.14. Wistron

13.15. Flex Ltd

13.16. Benchmark Electronics

 

Browse full report with List, Table and Figures:  https://www.credenceresearch.com/report/electronic-manufacturing-services-market

 

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